Stephen Conroy (Victoria, Australian Labor Party, Deputy Leader of the Government in the Senate) Share this | Hansard source

The Minister for Trade has provided the following answer to the honourable senator's question:

EFIC assessed this transaction under its Environment Policy. As required under the Policy, EFIC assessed the activity of its client using the IFC Performance Standards as the benchmark. EFIC considered that this project's social and environmental impacts were few in number, generally site specific, largely reversible and readily addressed through mitigation i.e. the characteristics of a Category B project.